GNX genex power limited
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Dec 8 (Reuters) - Genex Power Ltd (GNX) : GENEX SECURES...

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    08/12/23
    12:20
    Post #: 71346166

    Dec 8 (Reuters) - Genex Power Ltd (GNX) :

    • GENEX SECURES LONG-TERM OFFTAKE WITH STANWELL FOR 258MW K3W
    • OFFTAKE COVERS 50% OF PROJECT GENERATION CAPACITY AT A FIXED PRICE OVER 15-YEAR TERM
    • 15-YEAR POWER PURCHASE AGREEMENT WITH STANWELL CORPORATION FOR THE 258MW KIDSTON STAGE 3 WIND PROJECT (K3W)
    • AGREEMENT WITH STANWELL WILL ENABLE CO AND J-POWER TO COMMENCE DEBT FINANCING PROCESS FOR K3W, TARGETING FID IN CY2024
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